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Sears reports bigger-than-expected 1Q loss

It was another ugly quarter for Sears Holdings Corp.
Updated: May 23, 08:36 PM

Procter & Gamble brings back A.G. Lafley as CEO

There’s a new head of household products giant Procter & Gamble.
Updated: May 23, 08:36 PM

6 tips on managing your 401(k) plan effectively

The run-up in stock prices this year could tempt even the most hands-off investor to wade into their 401(k) and make some changes.
Updated: May 23, 06:36 PM

Gap back in style as 1Q profit jumps 43 percent

After years of struggle, Gap is back in style.
Updated: May 23, 06:36 PM

Money market fund assets rose to $2.601 trillion

Total U.S. money market mutual fund assets rose $19.53 billion to $2.601 trillion for the week that ended Wednesday, according to the Investment Company Institute.
Updated: May 23, 06:06 PM

Campbell buying Plum Organics baby food maker

Campbell Soup said it’s buying Plum Organics, which makes food for babies and kids, for an undisclosed amount as it looks to move into faster-growing categories.
Updated: May 23, 05:36 PM

Ralph Lauren’s 4Q profit rises 35 pct

Ralph Lauren Corp. reported a 35 percent increase in fourth-quarter profit as the luxury retailer benefited from lower cotton prices and cost controls.
Updated: May 23, 05:36 PM

Marathon Oil says talks end on possible stake sale

Marathon Oil said Thursday that talks on a potential sale of part of its stake in the Athabasca Oil Sands Project in Canada have ended.
Updated: May 23, 05:36 PM

McDonald’s can’t shake criticism about nutrition

McDonald’s once again faced criticism that it’s a purveyor of junk food that markets to children at its annual shareholder meeting Thursday _ including some sharp remarks from a 9-year-old girl.
Updated: May 23, 05:36 PM

Summary Box: Stocks recover from an early swoon

UPS AND DOWNS: Stocks plunged at the opening of trading but recovered by midday. A rout overseas and in the early going on Wall Street was set off by a slowdown in China and worries that the Federal Reserve might slow down its bond purchases. By the afternoon the U.S. market had recouped nearly all of its loss.
Updated: May 23, 05:06 PM

Wheat gains on overseas demand

The price of wheat rose by the most in two weeks Thursday after the U.S. government reported strong demand for the grain from overseas buyers.
Updated: May 23, 05:06 PM

How the Dow Jones industrial average fared

Investors recovered their poise after a shaky start to trading on Wall Street that sent stocks sharply lower. The dip gave investors who missed this year’s stock market surge an opportunity to get into the market, and by midday stocks had recouped most of their early losses. The Dow was down as much as 127 points.
Updated: May 23, 05:06 PM

Merck ends development of Parkinson’s disease drug

Merck & Co. says it is ending development of an experimental Parkinson’s disease drug because the drug wasn’t working.
Updated: May 23, 05:06 PM

GM aims new Chevy Cruze diesel at Volkswagen Jetta

The marketing people at Chevrolet make no secret of the goal for the new diesel version of the Chevrolet Cruze: Take sales from Volkswagen.
Updated: May 23, 04:36 PM

Why worry? Less aid by Fed would point to recovery

Investors have grown nervous that the Federal Reserve will scale back its efforts to boost the U.S. economy sooner than many expected.
Updated: May 23, 04:36 PM

Pepper your wardrobe with ’Gatsby’ glitz for less

Baz Luhrmann’s big screen adaption of "The Great Gatsby" is shining a spotlight on Roaring Twenties glam fashions, from drop-waist dresses and head scarves to crisp bow ties and spectator shoes. But you don’t need a wallet the size of Jay Gatsby’s to get the look.
Updated: May 23, 04:36 PM

News Summary: J&J predicts surge of new medicines

BIG PLANS: Johnson & Johnson says it’s poised by 2017 to seek regulatory approval for a dozen new medicines and two dozen variations of existing ones.
Updated: May 23, 04:06 PM

J&J expects 10-plus new drug applications by 2017

Johnson & Johnson is developing what could eventually be game-changing treatments for depression and pain, and it’s aiming to apply for approval of more than 10 new medicines by 2017, executives said Thursday during a review of the health care giant’s medicine business.
Updated: May 23, 03:06 PM

Big stores nix credit card settlement, file suit

Some of the country’s largest retailers, including Target Corp. and Macy’s Inc., on Thursday filed a lawsuit against MasterCard and Visa, rejecting a settlement reached last year over alleged fee-fixing.
Updated: May 23, 03:06 PM

News Summary: US mortgage rates up, but still low

RATES RISE: Average U.S. rates on fixed mortgages rose this week to their highest levels since mid-March. Even with the gains, they remained close to historic lows.
Updated: May 23, 03:06 PM